China's economy will continue to recover because of an increase in exports and improvement in overcapacity industries, and the country's GDP growth in 2014 is expected to be 8.6 percent, according to Deutsche Bank on Monday.
The economic conditions of the United States and Europe in 2014 will be better, which is good for China's exports, and the overcapacity industries of solar, cement and shipbuilding are improving their relations between supply and demand, said Ma Jun, the chief economist at Deutsche Bank Greater China Region.
Ma also said there are other positive signs of economic recovery in China, as more private funding is being allowed in the healthcare, railway, clean energy and environmental protection industries with the entry policy loosening.
Fluctuation factors include the US exiting its quantitative easing policy, and the Chinese government may carry out more measures to control rising property prices.
Ma said the Chinese stock market will benefit from the cyclical recovery of the economy and dividends of reform in 2014.
浙公网安33010602010414
